Thai Kitchen moving - What's up with Southdowns Village?

Fourth time that location has been a restaurant. I always wonder why owners think they can make it when no one before them did. Really bucking the odds there.

quote:

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I wonder if this is a good move for Thai Kitchen - that's a lot of $$ to invest....

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"Sam Sanguanruang says he plans to spend $740,000 on the building and another $500,000 or so renovating the 5,600-square-foot space"

That's a total of $1,240,000. With a 5,600 sq.ft space they will do around $1,500,000 or more in annual sales. There's a restaurant rule of thumb that says for every $1 you spend on the property and building, you need to make $1 in annual sales. That's a 1:1. They're spending 82 cents for every dollar of sales, so they should be good.

Hate the new location even more than the old one.